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Mumbai, November 1, 2026: Mahindra & Mahindra Ltd. has announced its Commercial Vehicle (CV) and Three-Wheeler (3W) sales for October 2026, reporting growth in domestic and export markets. The company sold 50,669 domestic CV & 3W units, registering a 14% year-on-year (YoY) increase compared to 44,503 units in October 2025. Export sales recorded strong growth, rising 77% YoY to 7,102 units.
The latest sales performance reflects continued demand in Mahindra’s LCV 2T–3.5T and three-wheeler segments, supported by cargo transportation, last-mile delivery, logistics, passenger mobility and electric three-wheeler demand.
Mahindra’s domestic commercial vehicle and three-wheeler sales reached 50,669 units in October 2026, compared to 44,503 units in the corresponding month last year. Two of the three reported segments recorded year-on-year growth, with the three-wheeler segment delivering the highest growth at 38%.
The LCV <2T segment recorded 4,383 units in October 2026, compared to 4,559 units in October 2025, a 4% YoY decline.
The LCV 2T–3.5T category posted 28,654 units in October 2026, compared to 27,182 units a year earlier. The segment registered 5% YoY growth, supported by demand for goods transportation and logistics applications. It remained the largest contributor to Mahindra’s domestic volumes.
Mahindra’s three-wheeler segment, including electric three-wheelers, reported 17,632 units in October 2026, up from 12,762 units in October 2025. The segment recorded 38% YoY growth, making it the fastest-growing domestic segment among the categories reported.
Mahindra’s commercial vehicle export business recorded strong growth in October 2026. The company exported 7,102 units, compared to 4,015 units in October 2025, registering 77% year-on-year growth.
The sharp increase in exports highlights stronger demand for Mahindra’s commercial vehicle portfolio across international markets.
Mahindra maintained sales momentum in October 2026, led by the three-wheeler and LCV 2T–3.5T segments. The LCV <2T, LCV 2T–3.5T, and three-wheeler categories recorded changes of -4%, 5%, and 38%, respectively.
Domestic CV and 3W sales increased 14% to 50,669 units, while exports surged 77% to 7,102 units. The performance points to sustained demand for Mahindra’s commercial vehicles across both domestic and international markets.
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